South Korea Commercial Greenhouse Market Overview, 2027

"The commercial greenhouse market in South Korea has witnessed extraordinary expansion and evolution, establishing itself as a vibrant and inventive sector within the country's agricultural landscape. South Korea's unique geographical and climatic characteristics, which include limited arable land, hilly terrain, and dramatic weather swings, have forced the development of innovative greenhouse technology to assure a steady and sustainable food supply. Commercial greenhouses in South Korea have evolved as efficient alternatives for year-round crop production, providing a controlled environment that optimises growth while minimising the effects of external elements. These greenhouses combine cutting-edge technologies, including climate control systems, hydroponics, vertical farming, and intelligent automation, to allow farmers to raise a diverse range of crops while meeting domestic and international market demands. The South Korean government's assistance in the form of legislation, subsidies, and research projects has been critical in encouraging the adoption of greenhouse technology and supporting industrial growth. As South Korea prioritises agricultural innovation and self-sufficiency, the commercial greenhouse industry is primed for growth and provides enormous prospects for investment, collaboration, and the advancement of sustainable farming practises. According to the Bonafide Research’s report titled “South Korea commercial greenhouse Market Overview, 2027” the commercial greenhouse market of South Korea is expected to grow significantly in the forecasted period from the year 2022 to 2027. South Korea is embracing smart technologies and automation in commercial greenhouse operations. This includes the use of sensor networks, IoT (Internet of Things) devices, and advanced control systems to monitor and regulate environmental factors such as temperature, humidity, CO2 levels, and lighting. Automated systems enable precise control, reduce labor requirements, and optimize resource usage for improved efficiency and productivity. Furthermore, vertical farming is gaining popularity in South Korea, especially in urban areas where land is limited. Vertical farming maximizes space utilization by growing crops in stacked layers or vertical towers. High-density cultivation techniques, such as multi-tiered systems and hydroponics, allow for increased crop yields per unit area. These approaches enhance resource efficiency, reduce transportation costs, and offer opportunities for urban agriculture. The glass greenhouse and the plastic greenhouse are the two types of greenhouses that are commercially accessible in the South Korea. These utilized many technologies for the greenhouse's construction, including cooling and heating systems. The market for commercial greenhouses is enormous since it is possible to grow fruits, vegetables, flowers, and decorations.

When it comes to keeping a greenhouse at the appropriate temperature, clear plastic sheeting is really useful. This is especially true with polycarbonate-based transparent plastic greenhouse sheeting. Plants are insulated considerably more effectively by the product! Plastic sheets hold heat better than glass sheets do. Using plastic films rather than glass sheets also results in less heat loss. Additionally, plastic sheets could be better able to withstand typical temperatures than certain sheeting materials, making these items less likely to malfunction or shatter. Using greenhouse transparent plastic film for insulation will ultimately result in more financial savings. That's why the plastic greenhouse market is growing significantly in the South Korea. A heating system is the most preferable method that is used in commercial greenhouses. In order to maintain the set temperature in a greenhouse, heat energy must be given to the greenhouse at the same rate as it is being removed. The amount of heat energy produced and fed back to the greenhouse increases with the rate of heat loss from the greenhouse. Heating is utilized to maintain the greenhouse at the right humidity level and at the right temperatures for crop development. Not just in the winter, but all year round, heating may be necessary. It helps in the higher production of crops and maximizes the profit. The South Korea heating system in the commercial greenhouse market is growing tremendously and playing a vital role for future food security. The demand for fresh fruits and vegetables is increasing year on year in the South Korea. The development of many fruit and vegetable crops is facilitated by greenhouses, which consistently supply favorable temperatures, heat, light, and other atmospheric conditions. Farmers can produce more fruits and vegetables of greater quality and quantity because of commercial greenhouses. Crop growth is substantial in South Korea with commercial greenhouses. COVID-19 Impacts: The commercial environment greenhouse business is not exempt from the ongoing effects of the corona virus (COVID-19) menace in the South Korea. The COVID-19 epidemic is having a detrimental effect on agriculture's whole supply chain, which has an effect on the demand for commercial greenhouses. The epidemic is causing lockdown conditions over the South Korea. The supply-chain interruption has made it difficult for many producers in the greenhouse sector to ship their goods. In addition, the government of the South Korea has declared a state of lockdown and ordered social isolation in an effort to stop the spread of the disease, which has caused imports and exports to be slowed down and limited. Due to their inadequate supply chains, suppliers to commercial greenhouses suffered. Considered in this report Geography: South Korea Historic Year: 2016 Base year: 2021 Estimated year: 2022 Forecast year: 2027

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Manmayi Raval

Research Consultant

Aspects covered in this report South Korea commercial Greenhouse Farming Market with its value and forecast along with its segments Application wise commercial greenhouse farming distribution Various drivers and challenges On-going trends and developments Top profiled companies Strategic recommendation Based on Greenhouse types: Glass Greenhouse Plastic Greenhouse Based on technologies types: Cooling system Heating system Others Based on Crop types: Fruits Vegetables Flower and ornamentals Nursery crops Others

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The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to indoor farming, greenhouse farming, agricultural industry, food & beverage industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Please get in touch with our sales team to find out more. "